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Coe quota reduced

2018 jan new cevs regulation

u think the coe premium will drop, lol

It will move up and down inbetween, but generally will be on a downtrend at least till year end. The key reason for the slow drop is due to the private hire aggressive bidding for the past years. If they don't step in too much, should see a slow filter downwards. Quite a number of cars are already euro 6 compliant, don't see much price increase from this group of car. The main factor to me is still the private hire sector which can change the COE pricing drastically.

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It will move up and down inbetween, but generally will be on a downtrend at least till year end. The key reason for the slow drop is due to the private hire aggressive bidding for the past years. If they don't step in too much, should see a slow filter downwards. Quite a number of cars are already euro 6 compliant, don't see much price increase from this group of car. The main factor to me is still the private hire sector which can change the COE pricing drastically.

You're probably right. But I also wonder if there may be a number of car owners out there with about 2-3 years left on their rides, coming into the market, cos COE numbers are likely to take a very sharp drop if they wait out the full ten years of their current Coe.

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You're probably right. But I also wonder if there may be a number of car owners out there with about 2-3 years left on their rides, coming into the market, cos COE numbers are likely to take a very sharp drop if they wait out the full ten years of their current Coe.

Whether COE supply will drop or not depends on this same group of drivers since the re-supply into the system will take into consideration if they are scrapping or renewing. The main supply will come from the growth which is currently at 0.25% from 2015 to next year Jan 2018. We might even see a lower percentage from next year or 0% to move towards a car-lite society and this might push up pricing again when LTA announce the new growth at year end. Take into consideration the 30% / 40% down payment (which they don't pay previously when purchasing the car), and we see a small hindrance to the same group; one reason why people go for leasing to avoid such massive down-payment. Barring any major changes to policy again, there shouldn't be anything that will push up the COE pricing aggressively; at least till year end. Use the 3 mths average PQP and the answer is quite clear. There are various variables to consider, whether go up or down we can't predict accurately, but we can always use the data to judge if it's the right time to buy.

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COE is a stable and significant tax revenue therefore it is nobody's interest to really diminish this artery function. A sustainable economy ensures all of us has a good future tomorrow and many years to come.

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It will move up and down inbetween, but generally will be on a downtrend at least till year end. The key reason for the slow drop is due to the private hire aggressive bidding for the past years. If they don't step in too much, should see a slow filter downwards. Quite a number of cars are already euro 6 compliant, don't see much price increase from this group of car. The main factor to me is still the private hire sector which can change the COE pricing drastically.

Ya possible. But there r still many models dont have euro 6 n this will cost a price increase of 5-25k for several popular models